Posts Featuring Dilip Soman (Page 1 of 2)

Discover your blind spots: Behavioral finance and your investments

Kim Parlee speaks with Dilip Soman, an economist at Behavioural Economics in Action at the Rotman School of Management, on why biases sabotage how we manage money and how you can prevent it.

December 24, 2019

Retirement / Spend /Play /Travel

What is behavioural economics?

Introducing our new series, Wealth Psychology. Professor Dilip Soman and the team at Rotman School of Management explain some of the ways time, context and the psychology of money itself can influence our financial decisions, and share ideas on how to use them to your advantage.

June 17, 2019

Retirement / Spend /Play /Travel

The jam jar theory of finance

Part III in our Wealth Psychology series: Professor Dilip Soman outlines the mental magic that happens when we apply labels to our money — and how it might help you save for your goals.

June 17, 2019

Retirement / Spend /Play /Travel

The danger of sunk costs

Part VII in our Wealth Psychology series: Professor Dilip Soman explains why we feel so attached to funds we’ve already spent and share an idea on how you can avoid throwing good money after bad.

June 17, 2019

Retirement / Spend /Play /Travel

The windfall effect

Part V in our Wealth Psychology series: Professor Dilip Soman explains why we tend to spend tax refunds and bonuses more lavishly than our regular income — and what you can do now to avoid blowing those cheques when they arrive.

June 14, 2019

Retirement / Spend /Play /Travel